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FanDuel and CME Group launch event-based trading platform
FanDuel and CME Group are joining forces to bring something new to the U.S. market: an event-based trading platform.
The platform uses CME Group’s solid trading setup and FanDuel’s wide reach to make trading simpler and more approachable. On the platform, users can take fully funded positions by choosing “yes” or “no” on the outcome of different financial benchmarks—designed to simplify trading for a broader audience.
The platform will cover a range of markets, including major stock indices like the S&P 500 and Nasdaq-100, commodities such as oil, gas, and gold, cryptocurrencies, and important economic indicators like GDP and inflation.
Terry Duffy, CME Group Chairman and CEO, said:
Individual investors are increasingly sophisticated and continually pursuing new financial opportunities. Together, our event-based products will appeal to the growing public interest in markets and we will provide education to attract a new generation of potential traders not active in derivatives today.
The new contracts are expected to launch later in 2025, pending full regulatory approval from the U.S. Commodity Futures Trading Commission (CFTC). To make this happen, FanDuel and CME Group will set up a joint venture operating as a non-clearing futures commission merchant (FCM). This setup is meant to give users smooth access to the event contracts while staying fully compliant with regulations.
Once approved, the contracts will be officially listed on CME Group exchanges and available to customers through participating FCMs.
Amy Howe, FanDuel Group CEO, added:
Partnering with CME Group will unlock our ability to bring even more new and engaging products to FanDuel’s fast-growing customer base. We believe there is potentially a wide audience for trading event-based markets and we want to provide a platform that allows our customers to engage in this activity.
This partnership comes right after significant corporate activity coming from FanDuel’s parent company, Flutter Entertainment. In July 2025, Flutter bought the remaining 5% of FanDuel from Boyd Gaming for $1.755 billion, taking full control of the brand.
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